OMAHA, Neb. (AP) — A Canadian investment firm paid $1.68 million in last month’s charity auction to win lunch with billionaire investor Warren Buffett.
The Glide Foundation, which receives all the auction proceeds, said Wednesday that Salida Capital, which is based in Toronto, won the auction.
Salida Capital CEO Courtenay Wolfe says the auction offered a unique opportunity to sit down with one of the world’s greatest investors.
Buffett annually auctions off a lunch to benefit Glide, which provides social services to San Francisco’s homeless and poor.
Salida Capital will be able to send a total of eight people for the lunch with Berkshire’s chairman and chief executive. The owners of the Smith & Wollensky restaurant in New York contributed $10,000 to Glide and will again host the lunch.
Wolfe said he plans to bring along a handful of his firm’s biggest supporters. Salida Capital is marking its tenth anniversary this year, and Wolfe said it has recovered well from last year’s difficult market, so the time seemed right to bid.
“Lunch with Warren Buffett is something we have always had on our ‘dream list,'” Wolfe said.
Glide’s founder, the Rev. Reverend Cecil Williams, said he is thankful for the support from both Salida Capital and Buffett.